Home
Dubai prices
About
Research
3-bed · 3,241 sqftPalmera 2, Arabian Ranches · completed 2008

TH108, Palmera 2

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH108 · DLD and Ejari recordsUpdated 9 March 2023
Last soldAED 4.25M9 March 2023
Current rentAED 170K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH108

Property timeline for TH108, Palmera 2

What is TH108 worth today?

Last sold for AED 4,250,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Mar 2023SoldReady
AED 4,250,000AED 1,311 per sqft
1 Sep 2021RentedRenewal
AED 170,000/yr12 months · AED 52 per sqft
1 Sep 2020RentedNew contract
AED 165,000/yr12 months · AED 51 per sqft
19 Jul 2019RentedRenewal
AED 197,000/yr12 months · AED 61 per sqft
19 Jul 2018RentedNew contract
AED 197,000/yr12 months · AED 61 per sqft
1 Jul 2017RentedNew contract
AED 220,000/yr12 months · AED 68 per sqft
28 Jun 2009SoldReady
AED 2,675,000AED 1,512 per sqft
15 Dec 2008Sold by developerReady
AED 1,506,888AED 852 per sqft

Source: Dubai Land Department. Updated 9 March 2023.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 4.25M · March 2023
Community
Palmera 2

About TH108, Palmera 2

TH108 is a three-bedroom villa of 3,241 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 9 March 2023 for AED 4,250,000, or AED 1,311 per sqft, 9% above the AED 1,200 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 170,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH108 over time

Sales
Villa TH108, each saleTypical three-bed in Palmera 2
2M4M6M2008201320182023Typical sale price by year: 2008 AED 1,418,888; 2009 AED 1,516,888; 2010 AED 1,399,888; 2011 AED 1,523,888; 2012 AED 2,900,000; 2013 AED 1,501,388; 2014 AED 4,000,000; 2015 AED 3,400,000; 2016 AED 3,350,000; 2018 AED 2,750,000; 2019 AED 2,675,000; 2020 AED 2,250,000; 2022 AED 3,825,000; 2023 AED 4,250,000; 2024 AED 5,475,000; 2025 AED 5,500,000Sold by developer, December 2008: AED 1,506,888 (AED 852 per sqft)Sold, June 2009: AED 2,675,000 (AED 1,512 per sqft)Sold, March 2023: AED 4,250,000 (AED 1,311 per sqft)

TH108 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH108, each contractTypical three-bed in Palmera 2
200K300K2012201620202024Typical rent by year: 2012 AED 189,000; 2013 AED 195,000; 2014 AED 215,000; 2015 AED 217,500; 2016 AED 215,000; 2017 AED 202,500; 2018 AED 177,500; 2019 AED 165,000; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 170,000; 2023 AED 188,000; 2024 AED 257,500; 2025 AED 279,000New contract, July 2017: AED 220,000 a yearNew contract, July 2018: AED 197,000 a yearRenewal, July 2019: AED 197,000 a yearNew contract, September 2020: AED 165,000 a yearRenewal, September 2021: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Palmera 2, and where TH108 sits

All 63 3-beds →

TH108 last sold in March 2023 at AED 1,311 per sqft, 9% above what three-beds in Palmera 2 were fetching at the time (AED 1,200).

Recent 3-bed salesVilla no.Price (AED)Summary
29 Aug 20256,100,000
30 May 20255,500,000
21 Feb 20255,400,000
30 Sep 20245,500,000
0 3-bed sales in the last 12 months

Palmera 2

Community

190 villas, 1-bed to 3-bed in Arabian Ranches, completed in 2008 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 1,808
Typical sale
AED 3.9M
Typical rent
AED 170K /yr
Typical yield
4.1%
Palmera 2, Arabian Ranches: prices, sales and rents →

TH108, Palmera 2 in numbers

  • Sold 3 times: first on 15 December 2008 for AED 1,506,888, last on 9 March 2023 for AED 4,250,000 (AED 1,311 per sqft).
  • Rented since July 2017 on 5 Ejari contracts, from AED 220,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 10,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 9 March 2023.

Questions about TH108, Palmera 2

What did villa TH108 last sell for?

AED 4,250,000 on 9 March 2023: AED 1,311 per sqft for 3,241 sqft. The villa has 3 registered sales; the first was AED 1,506,888 in December 2008.

What is the rent for villa TH108?

AED 170,000 a year on the contract renewed on 1 September 2021. The previous contract, from September 2020, was AED 165,000; the villa has been rented since July 2017.

How big is villa TH108?

3,241 sqft (301.1 sqm): a three-bedroom villa in Palmera 2, completed in 2008.

What is villa TH108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling TH108? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH108, Palmera 2

Starts from the last sale price (AED 4.25M, 9 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

Plus AED 183,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →